Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 0.001 to 0.0092 . . 0.0023 (84.15%)
Intermediate 0.0044 to 0.0022 . . 0.0036 (63.64%)
Short 0.0026 to 0.0036 . . 0.0027 (90.00%)